Lassila & Tikanoja Oyj

Board/Management Information • Dec 15, 2022

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Lassila & Tikanoja - Changes board/management/auditors

Change in the Group Executive Board of Lassila & Tikanoja plc: Edward Skärström appointed to the Group Executive Board

LASSILA & TIKANOJA PLC

Stock exchange release

15 December at 2 p.m.

Change in the Group Executive Board of Lassila & Tikanoja plc: Edward Skärström appointed to the Group Executive Board

Lassila & Tikanoja plc has appointed Edward Skärström, the Group's current CIO, as a member of the Group Executive Board. Skärström will report to President and CEO Eero Hautaniemi.

Edward Skärström (48) has been working as Lassila & Tikanoja Group’s CIO since 9 March 2022 and his previous experience includes working as CIO for Teknos Group. Skärström will start as a member of the Group Executive Board on 1 January 2023.

“I am pleased to welcome Edward to our Group Executive Board. Edward has extensive experience in deploying the newest technology in developing and commercializing new solutions and services, says Eero Hautaniemi, President and CEO of Lassila & Tikanoja.

Edward Skärström’s photo and résumé are available at the company website: https://www.lt.fi/en/company/management-and-board-of-directors/group-executive-board

Lassila & Tikanoja plc

Eero Hautaniemi

President and CEO

For additional information, please contact:

Eero Hautaniemi

President and CEO

tel. +358 10 636 2810

Lassila & Tikanoja is a service company that is putting the circular economy into practice. Together with our customers, we keep materials and properties in productive use for as long as possible and we enhance the use of raw materials and energy. This is to create more value with the circular economy for our customers, personnel and society in a broader sense. Achieving this also means growth in value for our shareholders. Our objective is to continuously grow our actions’ carbon handprint, our positive effect on the climate. We assume our social responsibility by looking after the work ability of our personnel as well as offering jobs to those who are struggling to find employment, for example. With operations in Finland and Sweden, L&T employs 8,171 people. In 2021, the company’s net sales amounted to EUR 812.5 million. L&T is listed on Nasdaq Helsinki.

Distribution:

Nasdaq Helsinki

Major media

www.lt.fi/en